Tony Elumelu Foundation Commits $100M to African Entrepreneurs

Founder, The Tony Elumelu Foundation and Chairman, Heirs Holdings Limited, Mr. Tony O. Elumelu, CON;  CEO, Tony Elumelu Foundation, Parminder Vir; during the press conference held in Lagos on Wednesday, announcing the entrepreneurship boot camp for the 1,000 selected Tony Elumelu Entrepreneurs representing all 36 Nigerian states and 51 African countries scheduled for July 10-12 in Ota, Ogun State.

Founder, The Tony Elumelu Foundation and Chairman, Heirs Holdings Limited, Mr. Tony O....

l-r:Benin Republic Prime Minister,  Mr. Lionel Zinsou, Nigeria’s Vice President, Prof. Yemi Osinbajo, Founder, Tony Elumelu Foundation Mr. Tony Elumelu and Kaduna State Governor, Mallam Nasir El-Rufai at the $100 Million Tony Elumelu Entrepreneurship Programme (TEEP) boot camp for 1000 entrepreneurs from 51 countries across Africa, Ota, Ogun State, on Saturday July 11, 2015.

l-r: Nigeria’s Vice President, Prof. Yemi Osinbajo, Founder, Tony Elumelu Foundation Mr. Tony Elumelu and Kaduna...

The Managing Director of UBA Tanzania Mr. Demola Ogunfeyimi addresses the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) Entrepreneurs heading for the training in Ota Nigeria from Tanzania during the send off dinner in Dar es Salaam organized by United Bank for Africa Tanzania.

The Managing Director of UBA Tanzania Mr. Demola Ogunfeyimi addresses the Tony Elumelu Foundation Entrepreneurship Programme (TEEP) Entrepreneurs heading for the training in Ota Nigeria from Tanzania...

Pan-African think tank to promote private sector role in unlocking economic opportunity

Tony O. Elumelu, CON, the chairman of Heirs Holdings and founder of The Tony Elumelu Foundation, today inaugurated the Africapitalism Institute at the Shared Value Leadership Summit in New York. The establishment of the Institute was first announced on May 8th at the World Economic Forum (WEF) on Africa, in Abuja, Nigeria.

Africapitalism – the philosophy promoted by Mr. Elumelu – calls on the African...

President Barack Obama with co-founders of the Global SPARK coalition, Jonathan Ortmans, CEO of the Global Entrepreneurship Network; Tony O. Elumelu, CON, Founder of the Tony Elumelu Foundation; and Sriram Bharatam, Chairman, Africa Growth Initiative, (EO); during the Global Entrepreneurship Summit in Nairobi, Kenya, over the weekend.

An impressive collection of organizations have come together to answer President Barack Obama’s call at the Global Entrepreneurship Summit yesterday in...

 

African businessman and philanthropist Tony Elumelu.

Oxford, United Kingdom.  African businessman and philanthropist Tony Elumelu has called on business leaders to make decisions that will increase economic and social wealth, and promote development in the communities and nations in which they operate. Mr. Elumelu, the Chairman of Heirs Holdings and the Founder of the Tony Elumelu Foundation, stated this in a closing keynote speech titled,“Africapitalism as a Catalyst for Development in...

Tony O. Elumelu, C.O.N., with United Nations Secretary General Ban Ki Moon at the opening of the joint United Nations General Assembly and Economic and Social Council conference on “The role of partnerships in the implementation of the post-2015 Development Agenda”. Elumelu gave the keynote address representing the global private sector. (Photo by Mr. Billy Bly).

UN Headquarters, New York, NY

On Wednesday, April 9th, the UN General Assembly and Economic and Social Council (ECOSOC) hosted...

Budding entrepreneurs across Africa can now apply to join the second annual Tony Elumelu Entrepreneurship Programme (TEEP) for start-up businesses based in Africa.

The Tony Elumelu Entrepreneurship Programme application portal is already open for entries since January 1, 2016 and will accept applications until Midnight GMT on March 1, 2016.  To apply, entrepreneurs must complete the online application form on the web portal: http://bit.ly/ApplyForTEEP2016

Successful applicants who complete...

The Head of MEDEF, Pierre Gattaz, with Tony Elumelu (right) and the President of the Nigerian Stock Exchange, Oscar Onyeama, in Lagos on 7th October 2015. (PHOTO CREDIT: AFP).

By Joan Tilouine

A prominent figure amongst the new generation of Nigerian entrepreneurs that came, on the 12th and 13th of November, to meet with French business leaders. And yet, there is a gap between the industrialist and investor Tony Elumelu, aged 52 and the MEDEF leaders.

The two worlds first met at the...